Mathematical Finance MSc

5.0
6 reviews
  • Seems like wifi is not there because it doesn’t work and I don’t feel they are offering a good carer for the student.
    |
  • Its a university with first class facilities. The staff members are very friendly and helpful which initiates a welsoming community atmosphere at the Loughborough university. I have enjoyed my first two years studying and playing and can't wait for the next upcoming years.
    |
  • Best university with a family atmosphere and lovely and supportive people.
    |

Master

In Loughborough

Price on request

Description

  • Type

    Master

  • Location

    Loughborough

Overview
The depth of the mathematics taught in our Mathematical Finance MSc programme should equip you with the skills needed to succeed within the finance sector. It will also enable you to pursue a research career in stochastic analysis, financial mathematics and other relevant areas.
Our Mathematical Finance MSc programme is designed to provide you with the strong mathematical skills, computational techniques and finance background necessary to work in the finance sector. It could also open up careers in investment banking, hedge funds, insurance companies and the finance departments of large corporations.
Drawing on the expertise within our department of Mathematical Sciences, you will undertake core modules in stochastic analysis and measure theory, while also choosing optional modules covering wide-ranging topics of interest, including corporate finance, functional analysis and asset management.
In addition, the 14 weeks at the end of the programme are devoted to an individual project which you will complete under the supervision of your departmental supervisor.
As a student, you will benefit from our computing laboratory which boasts a dedicated IT team to help you with any computing queries. You will also benefit from the £4 million refurbished department of Mathematical Sciences building which has a spacious student activity area and dedicated state-of-the-art resources.
What makes this programme different?
Underpinned by the latest research and best practice
Located in a £4 million refurbished Mathematics building
14 week individual project
Computing laboratory with dedicated IT team
Who should study this programme?
Mathematical Finance MSc is aimed at those students wishing to develop their mathematical skills, computational techniques and knowledge of finance to lead to employment in a range of finance sectors such as investment banks, hedge funds, insurance companies and the finance departments of large corporations where mathematics plays a key role.

Facilities

Location

Start date

Loughborough (Leicestershire)
See map
Loughborough University, LE11 3TU

Start date

On request

About this course

Your personal and professional development
Our Department of Mathematical Sciences is committed to helping you develop the skills and attributes you need to progress successfully in your chosen career.
Future career prospects
Mathematical Finance MSc may lead to a wide range of employment within industry, the financial sectors, and research establishments. It may also provide an ideal background for postgraduate research in Stochastic analysis, probability theory, mathematical finance and other relevant areas.
Graduate destinations
Recent graduate destinations include:
Deloitte, Business analyst
HSBC, Finance analyst
JPSS, Data analyst
Lloyds Banking Group, Risk Analyst
Other students have gone on to secure PhD places at top British universities including Loughborough, Warwick and Nottingham, and international universities such as Chicago and Boston.
Your personal development
Once you've completed this programme, you should gain the ability to:
Possess general study skills, including the ability to learn independently using a variety of media
Have good time management and organisational skills
Be logical and analytical, and possess skills in IT, communication, presentation and problem solving.

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Reviews

5.0
excellent
  • Seems like wifi is not there because it doesn’t work and I don’t feel they are offering a good carer for the student.
    |
  • Its a university with first class facilities. The staff members are very friendly and helpful which initiates a welsoming community atmosphere at the Loughborough university. I have enjoyed my first two years studying and playing and can't wait for the next upcoming years.
    |
  • Best university with a family atmosphere and lovely and supportive people.
    |
100%
4.9
excellent

Course rating

Recommended

Centre rating

Annonymous

5.0
19/10/2018
What I would highlight: Seems like wifi is not there because it doesn’t work and I don’t feel they are offering a good carer for the student.
What could be improved: -
Would you recommend this course?: Yes

Annonymous

5.0
14/09/2018
What I would highlight: Its a university with first class facilities. The staff members are very friendly and helpful which initiates a welsoming community atmosphere at the Loughborough university. I have enjoyed my first two years studying and playing and can't wait for the next upcoming years.
What could be improved: -
Would you recommend this course?: Yes

Student

5.0
13/09/2018
What I would highlight: Best university with a family atmosphere and lovely and supportive people.
What could be improved: -
Would you recommend this course?: Yes

Student

5.0
09/08/2018
What I would highlight: Its warm feeling about the experience as I came from a small town but here its awesome in every way.
What could be improved: -
Would you recommend this course?: Yes

Student

5.0
09/05/2018
What I would highlight: The hall of the Loughborough University is great so that all students come together.
Would you recommend this course?: Yes

Annonymous

5.0
12/02/2018
What I would highlight: This is my very first year in Loughborugh University and it feels fantastic to be in this beautiful atmosphere.
What could be improved: -
Would you recommend this course?: Yes
*All reviews collected by Emagister & iAgora have been verified

This centre's achievements

2019

All courses are up to date

The average rating is higher than 3.7

More than 50 reviews in the last 12 months

This centre has featured on Emagister for 13 years

Subjects

  • Programming
  • Team Training
  • Insurance
  • Project
  • Drawing
  • Calculus
  • Economics
  • Computing
  • Investment
  • Asset Management
  • Corporate Finance
  • IT
  • Mathematics
  • Finance
  • Financial
  • Financial Training
  • Computational
  • GCSE Mathematics
  • Skills and Training

Course programme

What you'll study

Our Mathematical Finance MSc aims to deliver a postgraduate curriculum which provides you with a solid foundation in the core areas of mathematics relevant to industry and inspires you to meet your own aspirations, interests and educational needs.

Modules

Mathematical Finance MSc covers a wide range of topics; to give you a taster we have expanded on some of the core modules affiliated with this programme and the specific assessment methods associated with each module.

  • Compulsory
  • Optional

Introduction to Measure Theory and Martingales - 15 credits

Introduction to Measure Theory and Martingales - 15 credits

This module is your introduction to the theoretical background of measure and integration theory and martingales. You will explore the essential role that randomness plays in mathematical modelling of numerous real world problems and build a solid rigorous mathematical background that enables progression to stochastic analysis, the mathematics of finance, and analysis-related fields.

Stochastic Models in Finance - 15 credits

Stochastic Models in Finance - 15 credits

This module introduces the basic discrete models in finance and provide you with the mathematical background to the security market and derivative industry, as well as equipping you with the mathematical tools to deal with financial problems.

Stochastic Calculus and Theory of Stochastic Pricing - 15 credits

Stochastic Calculus and Theory of Stochastic Pricing - 15 credits

This module enables you to develop a mathematical understanding of Brownian motion. You will explore the basics of stochastic calculus by using Brownian motion as an integrator and develop an understanding of the mathematical modelling of pricing via the Black-Scholes model.

Research Project (summer)

Research Project (summer)

Your project is your opportunity to gain experience of independent work in an area of mathematics with relevance or applications to the field of finance, conducting a review of the literature underpinning an area of mathematics, and drawing upon a range of sources and materials to construct a coherent study. You will work under the supervision of a member of Departmental staff.

Programming and Numerical Methods - 15 credits

Programming and Numerical Methods - 15 credits

Introduces the basic concepts of programming and explains numerical methods for solving ordinary and partial differential equations.

Regular and Chaotic Dynamics - 15 credits

Regular and Chaotic Dynamics - 15 credits

Explores dynamical systems from a modern viewpoint, emphasising the rich behaviour of nonlinear systems.

Financial Economics - 15 credits

Financial Economics - 15 credits

Builds knowledge of the fundamental concepts of financial economics and learn how to model the behaviour of investors under conditions of uncertainty and how to apply theoretical models in both asset pricing and the evaluation of capital market efficiency.

Functional Analysis - 15 credits

Functional Analysis - 15 credits

Develops awareness of the power and range of abstract mathematical concepts through a basic introduction to the methods of functional analysis.

Elements of PDEs - 15 credits

Elements of PDEs - 15 credits

Builds familiarity with modern qualitative theory of linear PDE's with particular emphasis on second-order equations as well as to study selected aspects of modern methods for simple nonlinear PDEs.

Lie Groups and Lie Algebras - 15 credits

Lie Groups and Lie Algebras - 15 credits

Introduces the notions of a Lie group and Lie algebra, their properties and methods.

Static and Dynamic Optimisation - 15 credits

Static and Dynamic Optimisation - 15 credits

Develops understanding of the theory and techniques of static and dynamic optimisation.

Asset Management and Derivatives - 15 credits.

Asset Management and Derivatives - 15 credits.

Explores the options, futures, swaps and other derivative instruments and their use in asset management.

Corporate Finance - 15 credits

Corporate Finance - 15 credits

Introduces options, futures, swaps and other derivative instruments and their use in asset management.

Mathematical Finance MSc

Price on request